Export credit agency and Exposure At Default: Difference between pages

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(ECA).
''Credit risk evaluation - banking.''


A government-backed agency or entity which exists to support a country’s exports.  
(EAD).


An ECA typically provide export finance facilities, such as guarantees, credits and advice, which help to remove the risk and uncertainty of payment.
Exposure At Default is an amount expected to be outstanding following a default by a counterparty, taking account of:
*Any credit risk mitigation;
*Drawn balances; and
*Any undrawn amounts of commitments and contingent exposures.




For example, EKN, the Swedish export credit agency.
==See also==
 
*[[Default]]
 
*[[Expected loss]]
== See also ==
*[[Loss Given Default]]
* [[Agency]]
*[[Probability of Default]]
* [[EKN]]
* [[Export-Import Bank of the United States]]
* [[Export Credits Guarantee Department]]
 
[[Category:Trade_finance]]

Revision as of 20:26, 30 October 2016

Credit risk evaluation - banking.

(EAD).

Exposure At Default is an amount expected to be outstanding following a default by a counterparty, taking account of:

  • Any credit risk mitigation;
  • Drawn balances; and
  • Any undrawn amounts of commitments and contingent exposures.


See also